The City of Long Beach, in partnership with its nonprofit affiliate, The Long Beach Community Investment Company (LBCIC), joined with developer HOPE, Inc., to commemorate the grand opening of a five-unit affordable housing development in East Long Beach at 116 Redondo Ave.
HOPE, Inc. is committed to creating: safe, stable, and affordable housing throughout Los Angeles County. HOPE independent living strives to empower adults with developmental disabilities, through the action of affordable housing, as well as other support resources; so individuals may feel a sense of self-reliance and accomplishment no matter their circumstance.
The event, featuring elected officials, agency representatives, and community leaders took place at Trolley Park. The recently rehabilitated two-story development will provide homes for low-income adults with developmental disabilities earning 30% of the area median income (AMI); and rents will be based on 30% of household income.
On-site support will be made available to the residents through disability services provider Ambitions, Inc. and as access to intensive services and case management will take place at the Harbor Regional Center.
“I am excited to celebrate the grand opening of HOPE on Redondo here in the third district,” said Councilwoman Suzie Price. “This development adds housing as well as focusing on the necessary on-site supportive services people with disabilities depend on. Housing is an issue statewide of course, but adding essential services into the project goes a very long way to ensure these new tenants are well taken care of.”
In April 2018, The LBCIC approved a loan of approximately $875,000 for the purchase and rehabilitation the property at 116 Redondo Ave.
“The LBCIC is proud to invest our resources to expand the supply of decent, safe, affordable housing in Long Beach,” said John Thomas, The LBCIC Chair. “This much-needed project will offer our most vulnerable residents a wonderful home and a greater quality of life.”
With the increase of homelessness in Long Beach, the affordable housing unit for special needs individuals offers some “hope” for the continuum of investment in a nationwide social issue.
By Micaela Dalzell IG: @mickdalzell